What is it? The Sony PS5 is the next-gen PlayStation console, replacing the PS4 Slim and PS4 Pro. When will it release? "Holiday 2020" in the US, says Sony, so between October and December 2020. What can I play on it? Loads of games! They include a new Spider-Man entry, a Horizon Zero Dawn sequel, a Demon's Souls remake, Resident Evil 8 and much more to come. Will PS5 have VR? Oh yes. The next-gen console will be compatible with current PSVR hardware, and there are also rumors of PSVR 2. What will the PS5 cost? TBC. The PS4 and PS4 Pro were both $399 / £349 at launch, but we expect the PS5 will cost somewhat more. Leaks have suggested around the $499 mark. Can I play PS4 games on the PS5? The PS5 will definitely be backwards compatible with "almost all" PS4 games - earlier generations are still to be confirmed. It will launch with support for the majority of the top 100 PS4 games, according to Sony's Mark Cerny.